After HP group of companies continuous mission of acquiring the other companies, Dell has now step into HP shoes by officially confirming to buy 3 PAR for a sum of $1.15 billion. Under the terms of agreement, Dell will pay $18 for each outstanding common share of 3PAR in cash, an 86.5% premium to the price end of trading on ... Read More »
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Hewlett-Packard to cut 9K jobs in services unit
Hewlett Packard popularly known as HP has decided to cut 9000 employees that provides technology services to other businesses as the company is looking to consolidate its commercial data center. HP said the job cuts will result from productivity gains and automation in the data centers, which are clusters of computers that HP’s business customers tap into to store data, ... Read More »